Retail sales of consumer goods enjoy a modest recovery

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Category: Governmental News

Published: Tuesday, 02 October 2012 15:02

Due to seasonal change, the sample enterprises' adjustment and other factor, the city's total retail sales of consumer goods of companies above designated size enjoyed a modest recovery last month, as indicated in the report released by the trade bureau of Ningbo on Sept. 24. 
The data show that last month the city's total retail sales of companies above the designated size reached 10.76 billion yuan, up 15.6% over the same period last year. The accumulated retail sales of above designated size from January to August totaled 77.9 billion, up12.9%, which was 2.5 percentage points higher than that of the provincial average increase, ranking the fourth in Zhejiang. In addition, the accumulated merchandise sales of companies above designated size during the eight months reached 495.18billion yuan, up 6.4% over the past year. The sales in August alone stood at 66.7 billion.
However, the city's traditional retail still faces a grim situation, said the Trade Bureau. In August , the sales of 21 major department stores surveyed  increased by 1.89% over the same period last year, 7 major hypermarket up 4.99% over the previous year while the sales of 12 chain supermarket only increased by 2.05%, and 319 franchised stores decreased by 9.52% over the past year.
Three major adversities are affecting today's traditional retail trade, which are the worsened economic environment, the sluggish consumption and the impact of rising e-commerce. First of all, due to the unfavourable economic environment, the growth rate of the per capita disposable income and expenditures of the city's urban residents for the first half year decreased when compared with the same period last year, which affected consumer's confidence. Among them, the proportion of food consumption rebounded from 37.4% in the first half of 2010 to 38.2% in 2011,and further increased to 38.3% this year. Secondly, because of the "internal and external" pressures people are saving more money instead of spending, which restrains consumption somewhat. And the rise of the overseas purchasing and the increasing outbound tourism and other factors lead to a massive outflow of luxury goods consumption and even daily necessities consumption. However, the greater impact is from online purchasing, which has affected department stores greatly. 

Promotion Meeting of the Human Resources Service Industry Held

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Category: Governmental News

Published: Tuesday, 25 September 2012 15:20

The Promotion Meeting of the Human Resource Service Industry in the Pan Yangtze River Delta was held in the fifth hall of the Ningbo International Convention and Exhibition Center on 22nd, September. Adecco Group, Randstad Group, Manpower Group, Career Builder, the biggest online recruitment companies in North America, and the Alliance, 51JOB and China HR.com, the top three Chinese recruitment companies attended the meeting. 
One third of the 727 enterprises present at the Meeting needed the third party HR service products. So 180 HR organizations from the United States, France, Australia, the Pan Yangtze River Delta including Zhejiang, Shanghai, Jiangsu and Anhui provinces and organizations from Beijing, Chongqing, Guangdong and Shandong provinces were invited to the Meeting, which offered service products on HR outsourcing, executive search, talent recruitment, training, and so on

Imported wine to seize the holiday market

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Category: Governmental News

Published: Tuesday, 02 October 2012 15:00

With the National Day and the Mid-Autumn Festival around the corner, the wine market in Ningbo once again sees fierce competition. Stores, supermarkets and hotels are putting on various promotions. As a major city of wine consumption, Ningbo has attracted greater attention from a great many famous brands. It was reported that Ningbo FTZ imported wine market in 2011 alone imported more than 10 million liters, becoming the largest one in China. The European’s largest wine producer CASTEL launched its 2012 China Tour in the first leg of Ningbo. The promotion “Tongue Takes You to France” brought the brand new imported Sharon series to Ningbo consumers.

Ningbo University seeks co-ops with government deparments

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Category: Governmental News

Published: Tuesday, 25 September 2012 15:18

Yesterday, Ningbo University(NBU) signed a package of strategic co-operation agreements with 10 government departments including the Municipal Politics and Law Commission, the Civil Administration Bureau, and the Development Research Center. Besides, the university and Ningbo Daily Newspaper Group jointly set up an internship base for the journalism majors. Yu Hongyi, the Publicity Minister of Ningbo, and Zhang Minghua, the vice mayor, attended the signing ceremony.

According to the agreements, NBU will strengthen co-operations in the fields of information, scientific research, personnel training and exchanges, and construction of cooperation platforms.

Yu fully affirmed Ningbo University's efforts and achievement in serving local economy. She hoped that NBU shall continue its effort to serve the local economic and social development and enhance the capability to solve major economic and social issues in Ningbo. She urges NBU to further strengthen cooperation and exchange with more government departments, and jointly promote the sustainable development of Ningbo’s economy, order and culture.